The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
why aren't all 7 resolved? a statement only gets an assessment when the public record can support or contradict it. opinions and what-ifs never can, and 0 checkable ones are still open, waiting for their date. predictions held up or didn't; assertions are supported or contradicted. on every card: ▮▮▮▮▮ certainty · ▮▮▮▮▮ debate potential. speakers are clickable
Friedberg: Late-stage VCs reinvest in existing portfolio to delay write-downs
“A lot of VCs, as you know, have marked up their investments and marked up their books of Private companies significantly over the last couple of years with these later stage rounds and ballooning values, and they don't want to take a write down. So they're mor…”
Friedberg: Tech adoption expands wealth disparity despite overall living improvements
“The pace of technology adoption increased wealth disparity globally. Wealth disparity, the difference between, call it the top decile and the bottom quartile, has increased, whereas the absolute condition of everyone has moved forward.”
Friedberg: Google created over 95% of its value post-IPO
“Google has accrued 95% of its value since it went public more than that.”
Friedberg: Applied Semantics founder Gil Elbaz was top-five Google IPO shareholder
“Applied Semantics, which was acquired by Google in 2003 or 2002, which became AdSense. The founders got equity in Google, and I think still may own a lot of it. And the founder ended up being one of the top five holders of Google stock when Google's IPO happen…”
Friedberg: The Production Board will eventually become a publicly traded company
“You know, I would hope that we would be a public company. I think that that's important because it would give us access to capital markets to raise additional capital to have equity to a currency we could use, a publicly traded currency to do things with.”